OnGreen

OnGreen

Type	Private
Industry	Cleantech
Founded	2009 (2009)
Founder(s)	Nikhil Jain
Headquarters	West Los Angeles, California, United States
Key people	Stanley Holt, COO Erik Steeb, VP
Services	Professional network service
Website	http://www.ongreen.com

OnGreen is an online social and business platform related to cleantech technologies. Entrepreneurs post plans to get connections, feedback and investment. Companies and schools can post intellectual property on the site in the form of patents that can be licensed or sold.

History

OnGreen, originally called Clean Green Guy, was founded in 2009 by Nikhil Jain out of the need to help entrepreneurs bring ideas to market. OnGreen was officially launched in March 2010 by Nikhil Jain and received majority seed funding in the amount of $1.4 million USD in November 2010 from Shanghai-based China Southern Hong Kong Investment Ltd.^[1] Shortly after the funding announcement, OnGreen launched its Patent Exchange.^[2]

Company

OnGreen is based in West Los Angeles, California. It currently has eight salaried employees as well as multiple interns. Entrepreneurs and investors from 145 different countries frequent the site.^[3] Entrepreneurs post their deals on the Deal Marketplace. OnGreen also allows governmental laboratories, companies, and schools to post intellectual property on the site in the form of patents that can be licensed or sold. These patents are posted on the Patent Exchange. There is also an Expert Panel, which consists of confirmed PhDs available to advise entrepreneurs or investors on the site. The site also includes a green job board and online green technology forums.

Management

• Nikhil Jain, Founder & CEO
• Stanley Holt, COO
• Erik Steeb, Vice President, Business Development

Membership

Membership is free. Approximately 90% of the members are in the United States with the remainder of members stemming from 145 countries.^[3]

Concept Model

OnGreen's concept is to create the LinkedIn for cleantech.^[4]

References

1. ^ Kolodny, Lora (9 November 2010). "OnGreen, A Site Connecting Clean Tech Startups And Investors, Raises $1.4 Million". TechCrunch. http://techcrunch.com/2010/11/09/ongreen-series-a-investmen/. Retrieved 10 December 2010. 
2. ^ "OnGreen Launches Patent Marketplace". SocalTech. 22 November 2010. http://www.socaltech.com/ongreen_launches_patent_marketplace/s-0032433.html. Retrieved 10 December 2010. 
3. ^ ^{a b} "OnGreen connects the world". Clean Tech Los Angeles. 8 December 2010. http://cleantechla.wordpress.com/2010/12/08/ongreen-connects-the-world/. Retrieved 10 December 2010. 
4. ^ Kuo, Iris (9 November 2010). ""LinkedIn" of cleantech investing OnGreen raises $1.4 million". VentureBeat. http://venturebeat.com/2010/11/09/linkedin-of-cleantech-investing-raises-1-4-million/. Retrieved 10 December 2010. 

External links

• Official website
• Bradbury, Danny (19 November 2010). "LinkedIn for green VCs scoops $1.4m in funding". BusinessGreen. http://www.businessgreen.com/bg/news/1899343/linkedin-green-vcs-scoops-usd14m-funding. Retrieved 10 December 2010.